#1 - NVIDIA
NASDAQ:NVDA - See Stock Forecast- Stock Price:
- $134.70 (+$4.02)
- Market Cap:
- $3.30 trillion
- P/E Ratio:
- 53.0
- Dividend Yield:
- 0.03%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 39 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $164.15 (21.9% Upside)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. The Compute & Networking segment comprises Data Center computing platforms and end-to-end networking platforms, including Quantum for InfiniBand and Spectrum for Ethernet; NVIDIA DRIVE automated-driving platform and automotive development agreements; Jetson robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud software and services. The company's products are used in gaming, professional visualization, data center, and automotive markets. It sells its products to original equipment manufacturers, original device manufacturers, system integrators and distributors, independent software vendors, cloud service providers, consumer internet companies, add-in board manufacturers, distributors, automotive manufacturers and tier-1 automotive suppliers, and other ecosystem participants. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of NVIDIA Stock
Pros
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NVidia reported a strong quarterly earnings per share (EPS) of $0.81, surpassing analysts' expectations of $0.69, indicating robust financial performance and effective management.
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The company achieved a remarkable revenue of $35.08 billion for the quarter, a 93.6% increase compared to the same quarter last year, showcasing significant growth potential.
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Nvidia's board has approved a substantial stock buyback plan of $50 billion, which often signals that the company believes its shares are undervalued, potentially leading to an increase in share price.
Cons
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Despite strong earnings, NVidia's stock has shown volatility, with a recent decline of 0.7%, which may indicate market uncertainty.
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The company's price-to-earnings (P/E) ratio is 53.97, which is relatively high, suggesting that the stock may be overvalued compared to its earnings, potentially leading to a price correction.
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Insider selling has been significant, with over 1.5 million shares sold in the last three months, which could raise concerns about the confidence of current management in the company's future prospects.
#2 - Broadcom
NASDAQ:AVGO - See Stock Forecast- Stock Price:
- $220.79 (+$2.47)
- Market Cap:
- $1.03 trillion
- P/E Ratio:
- 191.8
- Dividend Yield:
- 0.97%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 24 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $221.88 (0.5% Upside)
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Broadcom Stock
Pros
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Broadcom has a strong market capitalization of $1.05 trillion, indicating a robust financial position and the ability to invest in growth opportunities.
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Recent insider trading activity shows confidence in the company, with insiders selling shares but still holding significant positions, suggesting they believe in the company's long-term value.
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The stock price is currently around $181.44, which may present a buying opportunity for investors looking to enter at a lower price point compared to its potential future growth.
Cons
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The high P/E ratio of 182.76 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
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Insider sales totaling 311,080 shares worth $53,540,590 over the last quarter may raise concerns about the company's short-term outlook and insider confidence.
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The company's debt-to-equity ratio of 1.02 indicates a relatively high level of debt compared to equity, which could pose risks in a rising interest rate environment.
#3 - Taiwan Semiconductor Manufacturing
NYSE:TSM - See Stock Forecast- Stock Price:
- $197.21 (+$2.57)
- Market Cap:
- $1.02 trillion
- P/E Ratio:
- 31.6
- Dividend Yield:
- 0.99%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $214.00 (8.5% Upside)
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also offers customer and engineering support services; manufactures masks; and invests in technology start-up companies; researches, designs, develops, manufactures, packages, tests, and sells color filters; and provides investment services. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Taiwan Semiconductor Manufacturing Stock
Pros
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The stock has recently been upgraded by Barclays, with a new price target of $240.00, indicating strong potential for growth.
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With a current stock price of $191.50, there is significant upside potential based on analyst price targets, suggesting a favorable entry point for investors.
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The company reported impressive quarterly earnings, with an EPS of $1.94, surpassing estimates and reflecting strong operational performance.
Cons
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Despite strong earnings, the stock has experienced volatility, with a 52-week range from $98.80 to $212.60, indicating potential risks associated with price fluctuations.
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Analysts have mixed ratings, with two holding a "hold" rating, suggesting some uncertainty about the stock's short-term performance.
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The semiconductor industry is highly competitive, and any disruptions in supply chains or technological advancements by competitors could impact Taiwan Semiconductor Manufacturing's market position.
#4 - Advanced Micro Devices
NASDAQ:AMD - See Stock Forecast- Stock Price:
- $119.21 (+$0.33)
- Market Cap:
- $193.45 billion
- P/E Ratio:
- 107.4
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 26 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $191.96 (61.0% Upside)
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products. It provides processors under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, and AMD PRO A-Series brand names; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; and professional graphics under the AMD Radeon Pro graphics brand name. In addition, the company offers data center graphics under the Radeon Instinct and Radeon PRO V-series brands, as well as servers under the AMD Instinct accelerators brand; server microprocessors under the AMD EPYC brands; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo brand. It serves original equipment and design manufacturers, public cloud service providers, system integrators, independent distributors, and add-in-board manufacturers through its direct sales force, and sales representatives. Advanced Micro Devices, Inc. was incorporated in 1969 and is headquartered in Santa Clara, California.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Advanced Micro Devices Stock
Pros
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Strong Market Position: Advanced Micro Devices, Inc. operates in the semiconductor industry, which is crucial for various technology sectors, including data centers and gaming. The company's products are essential for high-performance computing, making it a key player in a growing market.
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Recent Insider Transactions: Recent sales by executives, including the CEO, indicate confidence in the company's future. For instance, the CEO sold shares at an average price of $143.87, suggesting a strong valuation and potential for growth.
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Innovative Product Line: Advanced Micro Devices, Inc. continues to release cutting-edge products, such as the latest Ryzen and EPYC processors, which are well-received in the market, enhancing the company's competitive edge.
Cons
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Insider Selling: Recent insider sales, including a 12.14% decrease in the executive vice president's position, may raise concerns about the company's short-term outlook and could signal potential issues.
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Market Volatility: The semiconductor industry is subject to rapid changes and market fluctuations, which can impact stock performance and investor confidence.
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High Competition: Advanced Micro Devices, Inc. faces intense competition from other semiconductor manufacturers, which could pressure margins and market share.
#5 - Texas Instruments
NASDAQ:TXN - See Stock Forecast- Stock Price:
- $186.87 (+$2.40)
- Market Cap:
- $170.47 billion
- P/E Ratio:
- 34.7
- Dividend Yield:
- 2.94%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 9 Buy Ratings, 12 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $210.05 (12.4% Upside)
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products. This segment provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control, including amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity. This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. It provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Texas Instruments Stock
Pros
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The company has a strong institutional ownership, with hedge funds and other institutional investors holding 84.99% of its stock, indicating confidence in its long-term performance.
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Texas Instruments Incorporated recently increased its quarterly dividend to $1.35, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend of $5.44, providing a dividend yield of 2.82%, which can be attractive for income-focused investors.
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As of now, the stock price is approximately $203.33, which is a significant figure for investors looking to enter at a reasonable valuation in the semiconductor sector.
Cons
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The company's dividend payout ratio is currently at 101.12%, which means it is paying out more in dividends than it is earning. This could raise concerns about the sustainability of future dividends.
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Recent insider sales, such as those by Directors Ronald Kirk and Robert E. Sanchez, indicate a decrease in their ownership stakes, which may signal a lack of confidence in the stock's short-term performance.
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The semiconductor industry is highly competitive and subject to rapid technological changes, which could impact Texas Instruments Incorporated's market position and profitability.
#6 - ARM
NASDAQ:ARM - See Stock Forecast- Stock Price:
- $132.15 (+$0.05)
- Market Cap:
- $138.47 billion
- P/E Ratio:
- 220.3
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 18 Buy Ratings, 6 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $150.32 (13.7% Upside)
Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services. Its products are used in various markets, such as automotive, computing infrastructure, consumer technologies, and Internet of things. The company operates in the United States, the People's Republic of China, Taiwan, South Korea, and internationally. The company was founded in 1990 and is headquartered in Cambridge, the United Kingdom. Arm Holdings plc operates as a subsidiary of Kronos II LLC.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of ARM Stock
Pros
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Arm Holdings plc recently reported earnings per share (EPS) of $0.30, exceeding analysts' expectations of $0.26, indicating strong financial performance and effective management.
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The company's revenue for the latest quarter was $844 million, surpassing estimates of $810 million, showcasing robust demand for its products and services.
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With a current stock price of $140.89, Arm Holdings plc has shown resilience in the market, reflecting investor confidence and potential for growth.
Cons
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The stock has a high price-to-earnings (P/E) ratio of 234.82, which may suggest that it is overvalued compared to its earnings, potentially leading to a price correction.
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Arm Holdings plc's net margin of 18.13% is relatively modest, which could indicate challenges in maintaining profitability as competition in the semiconductor industry intensifies.
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Despite recent growth, the company posted a lower EPS of $0.36 in the same period last year, indicating a year-over-year decline in earnings, which may concern investors about future performance.
#7 - Applied Materials
NASDAQ:AMAT - See Stock Forecast- Stock Price:
- $163.59 (+$2.15)
- Market Cap:
- $133.11 billion
- P/E Ratio:
- 19.0
- Dividend Yield:
- 0.94%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 15 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $220.29 (34.7% Upside)
Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Applied Materials Stock
Pros
-
Applied Materials, Inc. recently reported a quarterly earnings per share (EPS) of $2.32, exceeding analysts' expectations of $2.19, indicating strong financial performance and effective management.
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The company has a solid market capitalization of approximately $141.68 billion, reflecting its significant presence and stability in the manufacturing equipment sector.
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With a current stock price around $220.29, which is close to the average price target set by analysts, there is potential for price appreciation as the market recognizes its value.
Cons
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Despite recent earnings growth, the stock has experienced price target reductions from several analysts, indicating potential concerns about future performance.
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The company has a relatively high beta of 1.52, suggesting that its stock price is more volatile than the market, which could lead to greater risk for investors.
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Applied Materials, Inc. has a debt-to-equity ratio of 0.29, which, while manageable, indicates that the company does utilize some leverage, potentially increasing financial risk in adverse conditions.
#8 - Analog Devices
NASDAQ:ADI - See Stock Forecast- Stock Price:
- $211.78 (+$4.00)
- Market Cap:
- $105.11 billion
- P/E Ratio:
- 64.4
- Dividend Yield:
- 1.77%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 15 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $249.33 (17.7% Upside)
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Analog Devices Stock
Pros
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The stock is currently trading at $217.72, which may present a buying opportunity for investors looking for growth in the semiconductor sector.
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Recent investments by hedge funds, including a $1.28 million acquisition by Soltis Investment Advisors LLC, indicate strong institutional interest and confidence in the company's future performance.
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Analog Devices, Inc. has a market capitalization of $108.05 billion, suggesting it is a well-established player in the semiconductor industry, which can provide stability to investors.
Cons
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Insider selling has been notable, with executives selling a total of 110,000 shares worth approximately $24.75 million over the last three months, which may signal a lack of confidence in the stock's short-term performance.
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The stock has experienced a decrease in executive positions, with the executive vice president reducing their holdings by 21.57%, which could raise concerns about the company's future outlook.
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Despite positive analyst ratings, the stock's high P/E ratio of 65.72 may indicate that it is overvalued, which could lead to a price correction if earnings do not meet expectations.
#9 - Micron Technology
NASDAQ:MU - See Stock Forecast- Stock Price:
- $90.12 (+$3.03)
- Market Cap:
- $100.40 billion
- P/E Ratio:
- 132.5
- Dividend Yield:
- 0.42%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 23 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $135.24 (50.1% Upside)
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Micron Technology Stock
Pros
-
Micron Technology, Inc. reported a significant revenue increase of 93.3% compared to the same quarter last year, indicating strong growth potential and demand for its memory and storage products.
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The company beat earnings expectations with $1.18 earnings per share, surpassing the consensus estimate of $0.97, which reflects effective management and operational efficiency.
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Micron Technology, Inc. has a current stock price of approximately $113.00, which analysts believe has room for growth, with a consensus price target of $143.04, suggesting potential upside for investors.
Cons
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The company has a relatively low return on equity of 1.58%, which may indicate less efficiency in generating profits from shareholders' equity compared to industry peers.
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Micron Technology, Inc. has a net margin of only 3.10%, suggesting that while revenues are high, profitability may be constrained, which could affect long-term growth prospects.
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Recent insider selling, including a transaction where an executive sold 4,890 shares, may raise concerns about the company's future performance and insider confidence.
#10 - Marvell Technology
NASDAQ:MRVL - See Stock Forecast- Stock Price:
- $111.90 (+$2.79)
- Market Cap:
- $96.83 billion
- Dividend Yield:
- 0.20%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 24 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $119.76 (7.0% Upside)
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits. The company also provides electro-optical products, including pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions; fibre channel products comprising host bus adapters and controllers; storage controllers for hard disk drives and solid-state-drives; and host system interfaces, including serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. It has operations in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Marvell Technology Stock
Pros
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Marvell Technology, Inc. has received multiple "buy" ratings from analysts, with a consensus price target of $119.04, indicating strong potential for price appreciation.
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The stock recently traded at $113.51, reflecting a significant increase from its 12-month low of $50.56, showcasing a strong recovery and growth trajectory.
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Recent upgrades from major financial institutions, such as Bank of America and TD Cowen, have raised their price targets significantly, suggesting confidence in the company's future performance.
Cons
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The stock has a negative price-to-earnings (P/E) ratio of -66.77, indicating that the company is currently not profitable, which can be a red flag for potential investors.
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Insider selling has been notable, with executives selling a total of 267,000 shares worth over $20 million in the last three months, which may signal a lack of confidence in the stock's future performance.
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The company has a relatively high PEG ratio of 4.15, suggesting that the stock may be overvalued compared to its earnings growth potential.
#11 - Intel
NASDAQ:INTC - See Stock Forecast- Stock Price:
- $19.52 (+$0.46)
- Market Cap:
- $84.19 billion
- Dividend Yield:
- 2.41%
- Consensus Rating:
- Reduce (0 Strong Buy Ratings, 1 Buy Ratings, 25 Hold Ratings, 5 Sell Ratings)
- Consensus Price Target:
- $30.04 (53.9% Upside)
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products. It also offers silicon devices and software products; and optimization solutions for workloads, such as AI, cryptography, security, storage, networking, and leverages various features supporting diverse compute environments. In addition, the company develops and deploys advanced driver assistance systems (ADAS), and autonomous driving technologies and solutions; and provides advanced process technologies backed by an ecosystem of IP, EDA, and design services, as well as systems of chips, including advanced packaging technologies, software and accelerate bring-up, and integration of chips and driving standards. Further, it delivers and deploys intelligent edge platforms that allow developers to achieve agility and drive automation using AI for efficient operations with data integrity, as well as provides hardware and software platforms, tools, and ecosystem partnerships for digital transformation from the cloud to edge. The company serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. It has a strategic agreement with Synopsys, Inc. to develop EDA and IP solutions; and ARM that enables chip designers to build optimized compute SoCs on the Intel 18A process. Intel Corporation was incorporated in 1968 and is headquartered in Santa Clara, California.
#12 - NXP Semiconductors
NASDAQ:NXPI - See Stock Forecast- Stock Price:
- $210.24 (+$2.97)
- Market Cap:
- $53.43 billion
- P/E Ratio:
- 20.1
- Dividend Yield:
- 1.85%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 14 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $274.14 (30.4% Upside)
NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors. Its products are used in various applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure. The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors. It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Taiwan, and internationally. N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of NXP Semiconductors Stock
Pros
-
NXP Semiconductors reported earnings per share of $3.45 for the latest quarter, exceeding analysts' expectations of $3.43. This indicates strong financial performance and effective management, which can lead to increased investor confidence.
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The company has a robust return on equity of 33.57%, suggesting that it is efficient in generating profits from shareholders' equity. This high return can attract investors looking for companies that maximize their investment returns.
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NXP Semiconductors has declared a quarterly dividend of $1.014 per share, translating to an annualized dividend yield of 1.85%. Regular dividends can provide a steady income stream for investors, making the stock more attractive.
Cons
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The company's revenue has decreased by 5.4% compared to the same quarter last year, which may indicate challenges in maintaining growth. Investors may be concerned about the company's ability to recover and grow in the future.
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Several analysts have recently downgraded their price targets for NXP Semiconductors, with some reducing their expectations significantly. This trend could signal a lack of confidence in the company's short-term performance, which may deter potential investors.
-
Insider selling activity has been noted, with an executive selling 3,500 shares. While insider selling can occur for various reasons, it may raise concerns among investors about the executives' confidence in the company's future prospects.
#13 - Xilinx
NASDAQ:XLNX - See Stock Forecast- Stock Price:
- $194.92
- Market Cap:
- $48.41 billion
- P/E Ratio:
- 52.5
- Dividend Yield:
- 0.76%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V. Barnett in February 1984 and is headquartered in San Jose, CA.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Xilinx Stock
Pros
-
Xilinx, Inc. is a leader in the programmable logic semiconductor market, which is experiencing significant growth due to increasing demand for customizable hardware solutions in various industries.
-
The company has recently launched advanced versions of its FPGA (Field-Programmable Gate Array) products, which are critical for applications in data centers, automotive, and AI, positioning it well for future revenue growth.
-
As of now, the stock price of Xilinx, Inc. is approximately $200, reflecting strong market confidence and potential for further appreciation as the company continues to innovate.
Cons
-
The semiconductor market is highly competitive, with numerous players vying for market share, which could pressure margins and impact profitability for Xilinx, Inc.
-
Recent supply chain disruptions in the semiconductor industry may affect the production and delivery timelines of Xilinx, Inc.'s products, potentially leading to customer dissatisfaction.
-
Fluctuations in demand for semiconductor products can lead to volatility in revenue, making it challenging for investors to predict future performance accurately.
#14 - Microchip Technology
NASDAQ:MCHP - See Stock Forecast- Stock Price:
- $55.51 (-$0.48)
- Market Cap:
- $29.81 billion
- P/E Ratio:
- 38.8
- Dividend Yield:
- 3.25%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 14 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $89.63 (61.5% Upside)
Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Microchip Technology Stock
Pros
-
The company recently reported earnings per share of $0.46, exceeding analysts' expectations of $0.43, indicating strong financial performance.
-
Microchip Technology Incorporated has a consensus rating of "Moderate Buy" from analysts, suggesting positive sentiment towards the stock.
-
The stock is currently priced at $65.39, which may present a buying opportunity given its previous high of $100.57 within the last year.
Cons
-
The company's revenue has decreased by 48.4% compared to the same quarter last year, indicating potential challenges in maintaining growth.
-
Despite a positive earnings report, the stock has recently dropped by 7.0%, which may signal volatility and investor uncertainty.
-
Microchip Technology Incorporated has a high dividend payout ratio of 127.27%, which could raise concerns about the sustainability of its dividend payments in the future.
#15 - Monolithic Power Systems
NASDAQ:MPWR - See Stock Forecast- Stock Price:
- $593.22 (+$4.07)
- Market Cap:
- $28.74 billion
- P/E Ratio:
- 66.9
- Dividend Yield:
- 0.84%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 10 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $828.67 (39.7% Upside)
Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications. It offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in computers and notebooks, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, value-added resellers, directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers. It serves China, Taiwan, South Korea, Europe, Japan, Southeast Asia, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Monolithic Power Systems Stock
Pros
-
Recent upgrades from multiple brokerages, including a "buy" rating from Truist Financial with a target price of $994.00, indicate strong market confidence in the company's growth potential.
-
The stock currently has a consensus target price of $840.36, suggesting significant upside potential from its current trading levels.
-
Monolithic Power Systems, Inc. has a solid dividend payout ratio of 56.37%, which may appeal to income-focused investors looking for regular returns.
Cons
-
Insider selling of 20,100 shares valued at $17,913,521 in the last 90 days may raise concerns about the company's short-term outlook.
-
Recent downgrades from analysts, such as Rosenblatt Securities reducing their rating from "strong-buy" to "hold," could indicate potential challenges ahead.
-
Target price reductions from firms like KeyCorp, which lowered their target from $1,075.00 to $700.00, suggest a more cautious approach to the stock's valuation.
#16 - Onsemi
NASDAQ:ON - See Stock Forecast- Stock Price:
- $65.50 (+$0.70)
- Market Cap:
- $27.89 billion
- P/E Ratio:
- 16.3
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 16 Buy Ratings, 5 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $85.87 (31.1% Upside)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions. The Advanced Solutions Group segment is involved in the designing and developing of analog, mixed-signal, advanced logic, ASSPs and ASICs, Wi-Fi and power solutions for a broad base of end-users in the automotive, consumer, computing, industrial, communications, medical and aerospace/defense markets. The Intelligent Sensing Group segment is focused on the designing and developing of CMOS and CCD image sensors, as well as proximity sensors, image signal processors, single photon detectors, inclu
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Onsemi Stock
Pros
-
Strong Profitability: ON Semiconductor Corporation reported a net margin of 23.80%, indicating effective cost management and strong profitability relative to its revenue.
-
Positive Analyst Ratings: The stock has received a consensus rating of "Moderate Buy" from analysts, with a significant number issuing buy ratings, suggesting confidence in the company's future performance.
-
Revenue Performance: The company achieved revenue of $1.76 billion, slightly exceeding analysts' expectations, which reflects its ability to meet market demand effectively.
Cons
-
Year-over-Year Revenue Decline: The company experienced a 19.2% decrease in revenue compared to the same quarter last year, which may raise concerns about its growth trajectory.
-
Insider Selling: Recent insider transactions, including the CEO selling shares, could signal a lack of confidence in the company's short-term performance.
-
Mixed Analyst Price Targets: While some analysts have set optimistic price targets, others have reduced their expectations, indicating uncertainty in the stock's future performance.
#17 - Maxim Integrated Products
NASDAQ:MXIM - See Stock Forecast- Stock Price:
- $103.14
- Market Cap:
- $27.70 billion
- P/E Ratio:
- 33.8
- Dividend Yield:
- 1.86%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of linear and mixed-signal integrated circuits. Its products include integrated power circuits, amplifiers, data converters, analog filters, transceivers, expanders, level translators, broadband switches, powerline communications, microcontrollers, data loggers, solar energy, and automotive. The company was founded by Jack F. Gifford in 1983 and is headquartered in San Jose, CA.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Maxim Integrated Products Stock
Pros
-
Maxim Integrated Products, Inc. has a strong portfolio of linear and mixed-signal integrated circuits, which are essential in various high-demand sectors such as automotive and renewable energy, indicating robust market potential.
-
The company has recently focused on expanding its product offerings in powerline communications and microcontrollers, aligning with the growing trend towards smart technology and IoT applications.
-
As of now, the stock price of Maxim Integrated Products, Inc. is competitive within the semiconductor industry, making it an attractive option for investors looking for growth in a stable market.
Cons
-
The semiconductor industry is highly cyclical, and any downturn could adversely affect Maxim Integrated Products, Inc.'s financial performance and stock price.
-
Increased competition from other semiconductor manufacturers could pressure profit margins, making it challenging for Maxim Integrated Products, Inc. to maintain its market share.
-
Supply chain disruptions, which have been prevalent in the semiconductor sector, could impact the company's ability to deliver products on time, potentially leading to lost sales.
#18 - GlobalFoundries
NASDAQ:GFS - See Stock Forecast- Stock Price:
- $41.72 (+$0.42)
- Market Cap:
- $23.02 billion
- P/E Ratio:
- 31.1
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 6 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $50.21 (20.4% Upside)
GlobalFoundries Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of GlobalFoundries Stock
Pros
-
The stock is currently trading at $44.28, which is relatively stable compared to its 52-week high of $62.61, indicating potential for recovery and growth.
-
GLOBALFOUNDRIES recently reported earnings of $0.41 per share, surpassing analysts' expectations of $0.33, showcasing strong financial performance.
-
The company has a solid market capitalization of approximately $24.43 billion, reflecting its significant presence in the semiconductor industry.
Cons
-
The stock has experienced a decline from its 52-week high of $62.61, which may indicate volatility and uncertainty in the market.
-
Despite beating earnings expectations, the company's quarterly revenue decreased by 6.1% year-over-year, raising concerns about future growth potential.
-
Analysts have issued mixed ratings, with several maintaining a "neutral" stance, suggesting that there may not be strong bullish sentiment in the near term.
#19 - STMicroelectronics
NYSE:STM - See Stock Forecast- Stock Price:
- $24.61 (+$0.13)
- Market Cap:
- $22.23 billion
- P/E Ratio:
- 10.1
- Dividend Yield:
- 1.25%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 6 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $36.26 (47.3% Upside)
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; and radio frequency (RF) products. It also offers application-specific standard products for analog, digital and mixed-signal applications. In addition, the company provides assembly and other services. It sells its products through distributors and retailers, as well as through sales representatives. The company serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of STMicroelectronics Stock
Pros
-
STMicroelectronics recently reported earnings per share (EPS) of $0.37, exceeding analysts' expectations of $0.33, indicating strong financial performance and effective management.
-
The company has a current stock price of $25.88, which is significantly lower than its 12-month high of $51.27, suggesting potential for price appreciation as the market stabilizes.
-
Analysts have a consensus rating of "Moderate Buy" for STMicroelectronics, with a consensus price target of $37.63, indicating positive sentiment and potential upside for investors.
Cons
-
STMicroelectronics experienced a year-over-year revenue decline of 26.6%, which raises concerns about its growth trajectory and market demand for its products.
-
One analyst has rated the stock with a sell rating, indicating some skepticism about the company's future performance and potential risks.
-
The stock has a beta of 1.57, suggesting higher volatility compared to the market, which could lead to greater risk for investors.
#20 - ASE Technology
NYSE:ASX - See Stock Forecast- Stock Price:
- $10.00 (+$0.09)
- Market Cap:
- $21.95 billion
- P/E Ratio:
- 22.2
- Dividend Yield:
- 2.24%
- Consensus Rating:
- Buy (0 Strong Buy Ratings, 2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. ASE Technology Holding Co., Ltd. was founded in 1984 and is based in Kaohsiung, Taiwan.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of ASE Technology Stock
Pros
-
Recent upgrades from analysts, including a shift from "equal weight" to "overweight" by Morgan Stanley, indicate growing confidence in the company's potential for growth.
-
The stock is currently priced at $9.76, which may present a buying opportunity for investors looking for value in the semiconductor sector.
-
ASE Technology Holding Co., Ltd. reported a revenue of $4.96 billion for the latest quarter, showcasing strong financial performance and market demand for its services.
Cons
-
The company missed earnings expectations by $0.02, reporting $0.13 earnings per share compared to the consensus estimate of $0.15, which may raise concerns about its profitability.
-
Despite recent upgrades, StockNews.com downgraded ASE Technology from a "buy" to a "hold" rating, indicating some analysts may have reservations about its short-term performance.
-
The stock has a price-to-earnings ratio of 21.78, which may be considered high compared to industry averages, suggesting it could be overvalued.
#21 - Astera Labs
NASDAQ:ALAB - See Stock Forecast- Stock Price:
- $132.17 (+$6.89)
- Market Cap:
- $20.96 billion
- Consensus Rating:
- Buy (0 Strong Buy Ratings, 12 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $98.67 (-25.3% Downside)
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.
#22 - First Solar
NASDAQ:FSLR - See Stock Forecast- Stock Price:
- $182.39 (+$6.51)
- Market Cap:
- $19.53 billion
- P/E Ratio:
- 15.7
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 23 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $279.04 (53.0% Upside)
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
#23 - United Microelectronics
NYSE:UMC - See Stock Forecast- Stock Price:
- $6.53 (+$0.01)
- Market Cap:
- $16.36 billion
- P/E Ratio:
- 10.0
- Dividend Yield:
- 5.37%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 1 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $7.40 (13.3% Upside)
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of United Microelectronics Stock
Pros
-
The current stock price is around $7.40, which is near the consensus target price set by analysts, indicating potential for growth if the stock performs well.
-
United Microelectronics Co. has a solid market capitalization of approximately $17.17 billion, suggesting a stable and established presence in the semiconductor industry.
-
The company has a relatively low price-to-earnings (P/E) ratio of 10.57, which may indicate that the stock is undervalued compared to its earnings, making it an attractive option for value investors.
Cons
-
Recent downgrades from multiple brokerages, including JPMorgan and Goldman Sachs, indicate a shift in market sentiment, which could lead to decreased investor confidence.
-
The company has a price-to-earnings-growth (PEG) ratio of 3.32, suggesting that the stock may be overvalued relative to its expected earnings growth, which could deter growth-focused investors.
-
With a beta of 1.20, the stock is more volatile than the market, which means it could experience larger price swings, posing a risk for conservative investors.
#24 - Skyworks Solutions
NASDAQ:SWKS - See Stock Forecast- Stock Price:
- $88.75 (+$0.49)
- Market Cap:
- $14.19 billion
- P/E Ratio:
- 24.0
- Dividend Yield:
- 3.09%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 5 Buy Ratings, 14 Hold Ratings, 3 Sell Ratings)
- Consensus Price Target:
- $101.00 (13.8% Upside)
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators. The company products are the used in aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California.
#25 - Credo Technology Group
NASDAQ:CRDO - See Stock Forecast- Stock Price:
- $68.51 (+$1.47)
- Market Cap:
- $11.46 billion
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 9 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $68.60 (0.1% Upside)
Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.
#26 - MACOM Technology Solutions
NASDAQ:MTSI - See Stock Forecast- Stock Price:
- $135.22 (-$1.71)
- Market Cap:
- $9.79 billion
- P/E Ratio:
- 131.3
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 7 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $128.00 (-5.3% Downside)
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, high-capacity optical networks, radar, and medical systems and test and measurement applications. The company serves various markets comprising telecommunication that includes carrier infrastructure, which comprise long-haul/metro, 5G, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.
#27 - Enphase Energy
NASDAQ:ENPH - See Stock Forecast- Stock Price:
- $71.45 (+$5.65)
- Market Cap:
- $9.65 billion
- P/E Ratio:
- 162.4
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 14 Buy Ratings, 15 Hold Ratings, 4 Sell Ratings)
- Consensus Price Target:
- $100.33 (40.4% Upside)
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
#28 - Cypress Semiconductor
NASDAQ:CY - See Stock Forecast- Stock Price:
- $23.82
- Market Cap:
- $8.90 billion
- P/E Ratio:
- 238.2
- Dividend Yield:
- 1.85%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide. It operates in two segments, Microcontroller and Connectivity Division, and Memory Products Division. The Microcontroller and Connectivity Division provides microcontroller (MCU), analog, and wireless and wired connectivity solutions, including Traveo automotive MCUs; programmable system-on-chip and general-purpose MCUs; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreens; Wi-Fi, Bluetooth, and Bluetooth low energy; and USB controllers comprising solutions for the USB-C and USB power delivery standards, as well as wireless Internet of things connectivity solutions. The Memory Products Division provides NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nonvolatile SRAMs, F-RAM ferroelectric memory devices, and other specialty memories and clocks. The company serves various markets, including automotive, industrial, consumer, computation, white goods, communications, handset, PC peripherals, mobile devices, networking, telecommunications, video, data communications, computation, and medical markets. Cypress Semiconductor Corporation sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force directly to original equipment manufacturers and their suppliers. The company was founded in 1982 and is headquartered in San Jose, California.
#29 - Lattice Semiconductor
NASDAQ:LSCC - See Stock Forecast- Stock Price:
- $57.87 (-$0.39)
- Market Cap:
- $7.98 billion
- P/E Ratio:
- 56.2
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 11 Buy Ratings, 0 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $62.00 (7.1% Upside)
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.
#30 - Mellanox Technologies
NASDAQ:MLNX - See Stock Forecast- Stock Price:
- $124.89
- Market Cap:
- $7.00 billion
- P/E Ratio:
- 27.2
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, markets, and sells interconnect products and solutions. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company offers InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; and Ethernet solutions, such as Ethernet switch products and Ethernet adapters for use in enterprise data center, high-performance computing, embedded environments, hyperscale, Web 2.0, and cloud data centers. It also provides adapters to server, storage, communications infrastructure, and embedded systems original equipment manufacturers (OEMs) as ICs or standard card form factors with PCI express interfaces; and switch ICs and systems to server, storage, communications infrastructure, and embedded systems OEMs to create switching equipment. In addition, the company supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. It sells its products through its direct sales force, a network of sales representatives, and independent distributors. The company operates in the United States, China, Europe, rest of Americas, and rest of Asia. Mellanox Technologies, Ltd. was founded in 1999 and is headquartered in Sunnyvale, California.
#31 - Qorvo
NASDAQ:QRVO - See Stock Forecast- Stock Price:
- $70.85 (+$2.05)
- Market Cap:
- $6.70 billion
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 2 Buy Ratings, 13 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $102.88 (45.2% Upside)
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.
#32 - Integrated Device Technology
NASDAQ:IDTI - See Stock Forecast- Stock Price:
- $48.99
- Market Cap:
- $6.33 billion
- P/E Ratio:
- 38.6
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and industrial end-markets. It operates in two segments, Communications; and Computing, Consumer and Industrial. The Communications segment offers clocks and timing solutions; radio frequency products; flow-control management products, including multi-port products; telecommunication interface products; static random access memory products; first in and first out memories; digital logic products; optical interconnect and frequency control solutions; and Serial RapidIO switching solutions. The Computing, Consumer and Industrial segment provides clock generation and distribution products; programmable timing devices; computing timing solutions; high-performance server memory interfaces; wireless power products; PCI Express products; signal integrity products; power management integrated circuits; video distribution and contribution solutions; sensor signal conditioners; and optical interconnect solutions, as well as sensing products for mobile, automotive, and industrial solutions. The company markets its products primarily to original equipment manufacturers through various channels, including direct sales, distributors, electronic manufacturing suppliers, and independent sales representatives. Integrated Device Technology, Inc. was founded in 1980 and is headquartered in San Jose, California.
#33 - Amkor Technology
NASDAQ:AMKR - See Stock Forecast- Stock Price:
- $25.27 (+$0.14)
- Market Cap:
- $6.23 billion
- P/E Ratio:
- 17.1
- Dividend Yield:
- 1.23%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 5 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $36.29 (43.6% Upside)
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage. The company also provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate. In addition, it offers micro-electro-mechanical systems packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. Further, the company provides wafer, package, and system level test services, as well as burn-in test and test development services. It serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. The company was founded in 1968 and is headquartered in Tempe, Arizona.
#34 - Tower Semiconductor
NASDAQ:TSEM - See Stock Forecast- Stock Price:
- $51.02 (+$0.47)
- Market Cap:
- $5.65 billion
- P/E Ratio:
- 27.6
- Consensus Rating:
- Buy (0 Strong Buy Ratings, 3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $58.33 (14.3% Upside)
Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
#35 - Rambus
NASDAQ:RMBS - See Stock Forecast- Stock Price:
- $52.58 (-$1.04)
- Market Cap:
- $5.60 billion
- P/E Ratio:
- 32.7
- Consensus Rating:
- Buy (1 Strong Buy Ratings, 6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $74.67 (42.0% Upside)
Rambus Inc. provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP. It also provides a portfolios of security IP solutions, including crypto cores, hardware roots of trust, high-speed protocol engines, and chip provisioning technologies; and portfolio of patents that covers memory architecture, high-speed serial links, and security products. It markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
#36 - Cirrus Logic
NASDAQ:CRUS - See Stock Forecast- Stock Price:
- $100.56 (+$0.40)
- Market Cap:
- $5.34 billion
- P/E Ratio:
- 17.0
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 5 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $132.50 (31.8% Upside)
Cirrus Logic, Inc., a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in smartphones, as well as legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
#37 - SiTime
NASDAQ:SITM - See Stock Forecast- Stock Price:
- $216.65 (+$0.56)
- Market Cap:
- $5.06 billion
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 3 Buy Ratings, 0 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $196.25 (-9.4% Downside)
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense. The company sells its products directly to customers, distributors, and resellers. SiTime Corporation was incorporated in 2003 and is based in Santa Clara, California.
#38 - CMC Materials
NASDAQ:CCMP - See Stock Forecast- Stock Price:
- $173.69
- Market Cap:
- $4.97 billion
- P/E Ratio:
- 45.5
- Dividend Yield:
- 1.06%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
CMC Materials, Inc., together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates in two segments, Electronic Materials and Performance Materials. The Electronic Materials segment develops, produces, and sells chemical mechanical planarization (CMP) slurries for polishing various materials used in IC devices, including tungsten, dielectric materials, copper, tantalum, and aluminum; and various materials that are used in the production of disk substrates and magnetic heads for hard disk drives; and CMP pads, which are used in conjunction with slurries in the CMP process. This segment also offers sulfuric, phosphoric, nitric, and hydrofluoric acids, as well as ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents, and various blends of chemicals; and develops and manufactures consumable products for cleaning advanced probe cards and test sockets. The Performance Materials segment provides pipeline and industrial materials comprising polymer-based drag-reducing agents for crude oil transmission, valve greases, cleaners and sealants, and related services and equipment; and routine and emergency maintenance services, as well as training services. This segment also offers precision polishing and metrology systems for advanced optics applications; and magneto-rheological polishing fluids, consumables, and spare and replacement parts, as well as optical polishing services and other customer support services; and engages in the wood treatment business. The company was formerly known as Cabot Microelectronics Corporation and changed its name to CMC Materials, Inc. in October 2020. CMC Materials, Inc. was incorporated in 1999 and is headquartered in Aurora, Illinois.
#39 - Acacia Communications
NASDAQ:ACIA - See Stock Forecast- Stock Price:
- $114.99
- Market Cap:
- $4.90 billion
- P/E Ratio:
- 72.3
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.
#40 - Semtech
NASDAQ:SMTC - See Stock Forecast- Stock Price:
- $63.55 (-$0.03)
- Market Cap:
- $4.81 billion
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 10 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $68.70 (8.1% Upside)
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, it offers portfolio of IoT solutions, such as modules, gateways, routers, and connected services; and portfolio of connected services, including wireless connectivity and cloud-based services for industrial, medical and communications applications. The company serves original equipment manufacturers and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in Asia- Pacific, North America, and Europe. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
#41 - AU Optronics
NYSE:AUO - See Stock Forecast- Stock Price:
- $4.43 (-$0.09)
- Market Cap:
- $4.26 billion
- P/E Ratio:
- 13.0
- Dividend Yield:
- 4.47%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company operates through two segments, Display and Solar. The Display segment designs, develops, manufactures, assembles, and markets flat panel displays for use in televisions (TVs), TV sets, and other related products; desktop monitors; mobile PCs, such as notebooks and tablets; mobile phones; and commercial and other applications, including displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, medical equipment, and others. This segment serves original equipment manufacturing service providers; and brand companies. The Solar segment manufactures and sells solar materials, including ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects. This segment sells its ingot and solar wafer products primarily to solar cell manufacturers; and solar modules to installers, solar system integrators, property developers, and other value-added resellers. The company also engages in the renewable energy power generation; repairing and sale support of TFT-LCD modules, as well as sale support of solar-related products; injecting and stamping parts; manufacture and sale of molds, light guide plates, liquid crystal products, backlight modules, and related parts, as well as precision plastic and metal parts; IP related business; design, development and sales of software and hardware for health care industry; manufacture, assembly, and sale of automotive parts; manufacture and sale of motorized treadmills; and planning, design, and development of construction for environmental protection and related project management. It operates in the People's Republic of China, Taiwan, Japan, Singapore, and internationally. AU Optronics Corp. was founded in 1996 and is headquartered in Hsinchu, Taiwan.
#42 - Silicon Laboratories
NASDAQ:SLAB - See Stock Forecast- Stock Price:
- $125.00 (+$1.17)
- Market Cap:
- $4.02 billion
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 5 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $122.44 (-2.0% Downside)
Silicon Laboratories Inc., a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.
#43 - Allegro MicroSystems
NASDAQ:ALGM - See Stock Forecast- Stock Price:
- $21.59 (+$0.52)
- Market Cap:
- $3.97 billion
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 10 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $30.09 (39.4% Upside)
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.
#44 - Power Integrations
NASDAQ:POWI - See Stock Forecast- Stock Price:
- $61.70 (+$0.48)
- Market Cap:
- $3.48 billion
- P/E Ratio:
- 93.5
- Dividend Yield:
- 1.35%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 4 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $78.00 (26.4% Upside)
Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
#45 - FormFactor
NASDAQ:FORM - See Stock Forecast- Stock Price:
- $42.88 (+$0.44)
- Market Cap:
- $3.32 billion
- P/E Ratio:
- 24.6
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 4 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $55.38 (29.1% Upside)
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices, as well as computer processor devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probe systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.
#46 - IPG Photonics
NASDAQ:IPGP - See Stock Forecast- Stock Price:
- $73.84 (-$0.61)
- Market Cap:
- $3.19 billion
- Consensus Rating:
- Hold (1 Strong Buy Ratings, 2 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $93.50 (26.6% Upside)
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. The company also offers integrated laser systems; LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems for material processing applications; robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers; and laser and non-laser robotic welding and automation solutions. It serves materials processing, communications, medical procedures, and advanced applications and communications markets. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.
#47 - Synaptics
NASDAQ:SYNA - See Stock Forecast- Stock Price:
- $74.62 (-$0.16)
- Market Cap:
- $2.99 billion
- P/E Ratio:
- 18.9
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $97.33 (30.4% Upside)
Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. It also provides Natural ID, a fingerprint ID product that is used in notebook personal computers (PCs), PC peripherals, automobiles, and other applications; TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad that offers a clickable mechanical design; and ForcePad. In addition, the company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on smartphones and tablets; and TouchView products, a touch controller and display driver integration product. Further, it provides TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; ultra-low power edge artificial intelligence platform for battery powered wireless devices; wireless connectivity solutions comprising Wi-Fi, Bluetooth, global positioning system, global navigation satellite system, and ULE; and voice over IP and digital enhanced cordless telecommunications solutions. The company sells its products through direct sales, outside sales representatives, distributors, and resellers to mobile and PC OEMs; IoT OEMs; and automotive and consumer electronics manufacturers. The company was incorporated in 1986 and is headquartered in San Jose, California.
#48 - Ambarella
NASDAQ:AMBA - See Stock Forecast- Stock Price:
- $70.93 (+$2.29)
- Market Cap:
- $2.96 billion
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $84.17 (18.7% Upside)
Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions are used in automotive cameras, such as automotive video recorders, electronic mirrors, front advanced driver assistance system camera, cabin monitoring system and driver monitoring system camera, and central domain controllers for autonomous vehicle; enterprise and public class, and home security camera; and robotics and industrial application, including identification/authentication cameras, robotic products, and sensing cameras, as well as cameras for the enterprise, home, public spaces, and consumer leisure comprising wearable body cameras, sports action cameras, social media cameras, drones for capturing aerial video or photographs, video conferencing, and virtual reality applications. The company sells its solutions to original design manufacturers and original equipment manufacturers through its direct sales force and distributors. Ambarella, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
#49 - OSI Systems
NASDAQ:OSIS - See Stock Forecast- Stock Price:
- $175.07 (-$0.10)
- Market Cap:
- $2.93 billion
- P/E Ratio:
- 22.9
- Consensus Rating:
- Buy (0 Strong Buy Ratings, 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $179.00 (2.2% Upside)
OSI Systems, Inc. designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name. It also provides site design, installation, training, and technical support services; and turnkey security screening solutions under the S2 name. The Healthcare segment offers patient monitoring, cardiology and remote monitoring, and connected care systems and accessories under the Spacelabs name for use in critical care, emergency, and perioperative areas within hospitals, physicians' offices, medical clinics, and ambulatory surgery centers. The Optoelectronics and Manufacturing segment provides optoelectronic devices under the OSI Optoelectronics, OSI LaserDiode, OSI Laserscan, and Advanced Photonix names for the aerospace and defense, avionics, medical imaging and diagnostics, biochemistry analysis, pharmaceutical, nanotechnology, telecommunications, construction, and homeland security markets. It also offers electronics manufacturing services to original equipment manufacturers and end users for medical, automotive, defense, aerospace, industrial, and consumer applications under the OSI Electronics, APlus Products, Altaflex, and PFC Flexible Circuits names; LCD displays for medical, industrial, and consumer electronics applications; and flex circuits for OEM customers. This segment offers laser-based remote sensing devices to detect and classify vehicles in toll and traffic management systems under the OSI Laserscan and Autosense names; and solid-state laser products for aerospace, defense, telecommunication, and medical applications under the OSI LaserDiode name. The company was incorporated in 1987 and is headquartered in Hawthorne, California.
#50 - Finisar
NASDAQ:FNSR - See Stock Forecast- Stock Price:
- $23.77
- Market Cap:
- $2.86 billion
- P/E Ratio:
- 40.3
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Finisar Corporation provides components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics, and automotive companies in the United States, China, Malaysia, and internationally. The company's optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in wireline networks comprising switches, routers, and servers, as well as wireless networks, such as antennas and base stations. It also offers wavelength selective switches that are used to switch network traffic from one optical fiber to various other fibers without converting to an electronic signal. In addition, the company provides packaged laser, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. It markets its products through direct sales force, as well as distributors, manufacturers' representatives and resellers, and system integrators; and to the manufacturers of storage systems and telecommunication equipment, as well as to their contract manufacturers. Finisar Corporation was founded in 1987 and is headquartered in Sunnyvale, California.